Category: International Diversification Strategies

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US Debt: 28 trillion reasons to have a Plan B

At the close of business on Monday March 1st, just a few days ago, the US national debt crossed $28 trillion for the first time in history. To the penny, in fact, the national debt hit $28,004,376,276,999.35. And bear in mind that figure doesn’t include the $1.9 trillion in ‘Covid stimulus’ that Uncle

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Historical lessons in prosperity vs. poverty

As the grandson of Genghis Khan, Kublai Khan had a lot to prove. So he set his eyes on the biggest prize in the known world at the time: southern China. Kublai Khan completed his conquest of China in 1279, forging a new empire and creating the Yuan dynasty. The Mongols were known

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4 Reasons to Consider Portugal for Your Plan B

In September 1968, after four decades iron-fisted rule, Portugal’s de facto dictator, António de Oliveira Salazar, suffered a freak accident that caused a massive brain hemorrhage. Miraculously he survived. But he never recovered from the injury, and his enemies seized on the opportunity to remove him from power. Salazar had ruled since 1932.

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Another hallmark of the Soviet Union: separate rules for the peasants

[Editor’s note: This letter was written by Viktorija, our Sovereign Woman.] My experience with ridiculous government overreach began literally on the day I was born. It was more than three decades ago, in the tiny Soviet Socialist Republic of Lithuania, back when the Soviet Union still existed. As my mother tells the story,

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Panama rolls out new residency options in 2021

If the idea of packing up and leaving has crossed your mind lately, you certainly aren’t alone. With so many people across the globe staring at a new wave of COVID lockdowns, higher taxes, more chaos in their cities, etc., heading out for greener pastures is a really attractive proposition, especially now that

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Guess which Big Tech executive just bought a second passport

The former CEO of Google, Eric Schmidt, will be one of the last people to receive citizenship in Cyprus through the country’s Citizenship by Investment program. Schmidt’s name showed up on Cyprus’s list of approved applications in October, around the same time Cyprus announced it was suspending the program. Remember- Cyprus essentially went

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If you’re thinking about leaving the US… Consider Mexico

Canada has been busy for weeks creating contingency plans for tomorrow’s US Presidential election. A lot of Canadians seem worried that their country will be inundated by violent, plague-infested Americans fleeing the election results. That’s probably a bit of a stretch. But this does seem to be a recurring theme. Every four years

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Escape to distant, exotic lands… like Canada?

Last Tuesday night, around 10:30pm the Google search term, “How to apply for Canadian citizenship,” spiked. Other popular searches that night included “how to move to Canada” or simply, “move to Canada.” This was in response to two men in their 70s childishly bickering at each other for an hour and a half,

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Second Residency: Panama is still an obvious escape hatch

At the turn of the 20th century, the United States had recently become the largest economy in the world… and it was showing. The US had just vanquished Spain in the Spanish-American War, resulting in a vast new American colonial empire, stretching from the Philippines to Puerto Rico. And it was just the

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Our Sovereign Woman explores Turkey’s Citizenship by Investment program

[Editor’s note: This letter was written by Viktorija, our Sovereign Woman] If Simon were writing this letter, I have no doubt he would start off telling you a wonderful tale dating back thousands of years to Turkey’s ancient history… probably something about the Trojan War. I’ve always been a fan of Simon’s historical

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California’s governor makes ominous prediction for America

California’s governor made a rather ominous prediction this weekend when he told an interviewer that “California is America. . . fast forward.” He was talking specifically about the wildfires that have ravaged his state– a warning that the natural disasters will soon plague the rest of the country too, thanks to climate change.

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I met expats overseas who are absolutely thriving

[Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] Just like Simon, I’m probably one of the world’s worst tourists. When I travel somewhere, I prefer to experience real life in the country or city that I’m visiting. So my schedule is usually full of meetings and networking with local entrepreneurs, attorneys,

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Digital Nomads will want to know about these two countries

British Petroleum announced this week that ALL 6,500 employees in its London office will be working from home within the next two years. BP is even going to shut down the office entirely and sell the building. They’re not the only ones. Right now, in fact, only 13% of London office workers are

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Sadly, Christopher Nolan never called

[Editor’s note: This letter was written by our Sovereign Woman—Viktorija.] I grew up in a small village in Lithuania, raised by a single mother. So you can probably imagine my childhood was not one of wealth and luxury. Just like when Simon was growing up, money was always tight and a constant source

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Decades-old investment wisdom from Albert Einstein

Albert Einstein is rumored to have said that “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” These days interest rates are near zero. The average savings account currently pays .09% interest per year, according to the FDIC. So over

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